AMCI Investments Pty. Ltd. is being tipped as a likely buyer of South32 Limited (ASX:S32)'s Eagle Downs project that is up for sale through Macquarie Capital. Others potential buyers include Bowen Coking Coal Limited (ASX:BCB), run by former Stanmore Coal boss Nick Jorss, along with high-net-worth individuals scouring the landscape for opportunities to turn projects into production swiftly.

It is thought Eagle Downs could sell for about $120 million.